Blockchain for social good and stakeholder engagement: Evidence from a case study

Blockchain is a promising and emerging technology. Despite the number of studies on the subject, several studies require further exploration of the relationship between blockchain and social innovation. Moreover, there is an increasing interest in social entrepreneurship and in how technical solutio...

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Published in:Corporate social-responsibility and environmental management 2023-09, Vol.30 (5), p.2182-2193
Main Authors: Sansone, Giuliano, Santalucia, Flavio, Viglialoro, Davide, Landoni, Paolo
Format: Article
Language:English
Subjects:
Blockchain
blockchain technology
Case studies
Cryptography
Decentralization
New technology
Public good
Reliability
SDGs
Social entrepreneurship
social good
Social innovation
social venture
Stakeholders
Sustainable development
Transparency
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Summary:Blockchain is a promising and emerging technology. Despite the number of studies on the subject, several studies require further exploration of the relationship between blockchain and social innovation. Moreover, there is an increasing interest in social entrepreneurship and in how technical solutions may address social or environmental issues. Hence, this work aims at understanding how a venture can apply blockchain technology for social good. The study adopts a qualitative approach based on a case study and builds on stakeholder theory as a theoretical background. The case study under review is a social venture working on Sustainable Development Goal (SDG) number 10. Our findings present four peculiarities of blockchain for social good: (i) reliability, (ii) transparency, (iii) decentralization, and (iv) accessibility. Moreover, the present study develops a framework on blockchain for social good based on the possible stakeholders' involvement. Finally, four challenges related to blockchain for social good are presented and discussed.
ISSN:1535-3958
1535-3966
DOI:10.1002/csr.2477